With the Fed meeting out of the way, a quieter week is on the horizon, barring of course any flare up of tensions between Russia and Ukraine. Either way, the spotlight will probably fall on Read more…
Canadian GDP likely remained flat through July—narrowly improving on Statistics Canada’s advance estimate for a 0.1% decline. It ticked up in August but not by much, gaining 0.1%. All three months point to a broader Read more…
Central banks delivered further hikes largely as expected, as inflation pressures remain high despite the rising recession risks. In the US, Fed hiked rates by 75bp as broadly expected, but the updated ‘dot plot’ signalled Read more…
Summary Central banks were front and center this week, as major institutions such as the Federal Reserve, Bank of Japan (BoJ) and Bank of England (BoE) met to assess monetary policy in their respective economies. Read more…
Markets: A vote of no confidence. Markets’ answer to UK Chancellor Kwarteng’s mini budget was clearcut. He announced a bunch of tax cuts including lowering the 45p top rate of income tax (40p instead) and Read more…
The Roborock S7 Plus has reached a new record low. | Photo by Jennifer Pattison Tuohy / The Verge If you plan to catch up on cleaning this weekend, you can do so a lot Read more…
The Roborock S7 Plus has reached a new record low. | Photo by Jennifer Pattison Tuohy / The Verge If you plan to catch up on cleaning this weekend, you can do so a lot Read more…
Recent inflation data showed no improvement despite the Fed’s aggressive tightening and the key rate hikes. On Wednesday, September 21, Federal Reserve Chair Jerome Powell announced that the Fed would “keep at” their battle to Read more…
“It’s possible that unemployment could gently glide higher, while wages cool, without an outright recession – but it’s never happened before,” said Comerica’s Bill Adams. U.S. Treasury bond yields jumped higher Friday, extending one of Read more…
The collapse of cryptocurrency prices, including bitcoin, has had a sharp and unexpected impact at the top of crypto firms. The damage caused by the crash of the cryptocurrency market won’t be measurable for a Read more…